Amended Plan Sample Clauses

Amended Plan. The terms and conditions of the Newco Plan shall remain in full force and effect until the Initial Plan Amendment Date. On the Initial Plan Amendment Date, the terms of the Newco Plan shall be amended as set forth in Exhibit G. Such amendments become effective as of the Initial Plan Amendment Date and shall remain effective until otherwise amended or modified as provided under this Settlement Agreement.
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Amended Plan. [Please select the option(s) that apply by initialing below]
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Amended Plan. Each Party acknowledges and agrees that the terms and conditions expressly set forth in the Plan Term Sheet are acceptable in all respects. The Amended Plan and all other Definitive Documents (as defined herein) shall be on the terms set forth in the Existing Plan, subject to and as modified to be consistent with this Agreement and the Plan Term Sheet.
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Amended Plan. All conditions precedent to the effectiveness of the Amended Plan have been met (or will occur upon funding of the Loans to be made on the Closing Date), the Plan Effective Date and substantial consummation of the Amended Plan has occurred (or will occur upon funding of the Loans to be made on the Closing Date), and the Amended Plan is in full force and effect.
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Amended Plan. The Required Amendment Parties hereby stipulate and agree that the First Amended Joint Chapter 11
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Amended Plan. 8 Average Net Revenue..................................................................................................23 Closing..............................................................................................................45
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Amended Plan. Oaktree agrees that (i) the filing, implementation and confirmation of the Second Amended Plan of Reorganization filed with the Bankruptcy Court, dated as of March 26, 2012, or (ii) the taking of any action by the Company required by the Second Amended Plan of Reorganization or the Committee Restructuring Support Agreement, in each case, does not constitute a breach of the Purchase Agreement.
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Amended Plan. 1. No later than June 15 of each year after the initial adoption of the Plan, USACE shall submit to USEPA a draft Amendment to the Plan. Prior to proposing changes to Milestones in its annual Amendment to the Plan, USACE will first offer to meet with USEPA to discuss the proposed changes. The Parties will attempt to agree on Milestones before USACE submits its annual Amendment by June 15, but failure to agree on such proposed changes does not modify the June 15 date, unless agreed by both the Parties. Any proposed extensions or other changes to Milestones must be explained in a cover letter to the Draft Amendment to the Plan. The Draft Amendment to the Plan should reflect any agreements made by the Parties during the budget development process outlined in this Part. Resolution of any disagreement over adjustment of Milestones pursuant to this Part shall be resolved pursuant to Paragraph D.2 of Part XXXVII (Budget Development and Amendment of Plan).
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Related to Amended Plan

  • SERP Executive is a participant in the BB&T Corporation Non-Qualified Defined Benefit Plan (the “SERP”). The SERP was formerly known as the Branch Banking and Trust Company Supplemental Executive Retirement Plan. The SERP is a non-qualified, unfunded supplemental retirement plan which provides benefits to or on behalf of selected key management employees. The benefits provided under the SERP supplement the retirement and survivor benefits payable from the Pension Plan. Except in the event the employment of Executive is terminated by the Employer or BB&T for Just Cause and except in the event Executive terminates Executive’s employment for any reason other than Good Reason and such termination does not occur within twelve (12) months after a Change of Control (or, if later, within ninety (90) days after a MOE Revocation), the following special provisions shall apply for purposes of this Agreement:

  • Compensation Plan The Compensation Plan adopted by the City Council shall provide for salary schedules, rates, ranges, steps and any other special circumstances or items related to the total compensation paid employees. Each position within the classified services shall be allocated to its appropriate class in the classification plan on the basis of duties and responsibilities. Each class shall be assigned a salary range or a rate established in the salary plan. All persons entering the classified service shall be compensated in accordance with the salary plan then in effect.

  • EFFECTIVE DATE OF PLAN Stock Awards and Options may be granted under this Plan upon its adoption by the Board, provided that no incentive stock option will continue to be effective unless this Plan is approved by a majority of the votes entitled to be cast by the Stockholders, voting either in person or by proxy, at a duly held Stockholders' meeting or by the consent of stockholders owning more than 50% of shares of the Common Stock within twelve months of such adoption.

  • Transition Plan In the event of termination by the LHIN pursuant to this section, the LHIN and the HSP will develop a Transition Plan. The HSP agrees that it will take all actions, and provide all information, required by the LHIN to facilitate the transition of the HSP’s clients.

  • Severance Plans Trident shall cause Fountain to establish the Fountain Severance Plans, each effective as of the Fountain Distribution Date and each in substantially the same form(s) as the Trident Severance Plans as provided by Trident in the online data room in Folders 8.2.2.3, 8.2.2.4 and 8.2.2.5 as of the date of this Agreement (provided that Trident will, prior to establishing such Fountain Severance Plans, amend Section 3.02(b)(x) of the Trident Severance Plan in Folder 8.2.2.5 to be identical to Section 3.02(b)(x) of the Trident Severance Plan in Folder 8.2.2.3 and such amended plan shall serve as the form for the corresponding Fountain Severance Plan) and, correspondingly, Fountain Employees and Former Fountain Employees who are currently eligible to receive or are receiving severance payments shall cease participating in the Trident Severance Plans on the Fountain Distribution Date. After the Fountain Distribution Date: (i) Fountain shall be solely responsible for (x) the payment of all Liabilities under the Trident Severance Plans (as amended pursuant to the proviso above) or Fountain Severance Plans relating to Fountain Employees and Former Fountain Employees, (y) the management and administration of the Fountain Severance Plans and (z) the payment of all employer-related costs in establishing and maintaining the Fountain Severance Plans, and (ii) Trident shall retain sole responsibility for (w) all Liabilities under the Trident Severance Plans or Fountain Severance Plans relating to Trident Employees and Former Trident Employees, (x) all Liabilities for severance or termination pay or benefits under individual agreements entered into with any Trident Employee or Former Trident Employee prior to the Fountain Distribution Date, (y) the management and administration of the Trident Severance Plans and (z) the payment of all employer-related costs in maintaining the Trident Severance Plans. In no event shall an employee or former employee receive a duplication of severance benefits. Except as provided below, Fountain shall be solely responsible for the adjudication of any claims filed by a Fountain Employee or Former Fountain Employee before, on or after the Fountain Distribution Date under a Trident Severance Plan. Notwithstanding the previous sentence, Trident shall be solely responsible for the adjudication of any claim filed by a Fountain Employee or Former Fountain Employee under a Trident Severance Plan before the Fountain Distribution Date that (A) has not been finally adjudicated by Trident on the day immediately preceding the Fountain Distribution Date; and (B) under the applicable claims procedure, Trident’s plan administrator or other authorized person or committee will have a less than sixty (60) day period after the Fountain Distribution Date to respond to such claim. Notwithstanding the previous sentence, if Trident’s response to such claim does not finally adjudicate the claim, Trident shall immediately upon sending its response to the claimant transfer administration of such claim to Fountain for final adjudication.

  • Severance Plan The term “Severance Plan” shall mean the Assured Guaranty Ltd. Executive Severance Plan.

  • Supplemental Retirement Plan During the Contract Period, if the Executive was entitled to benefits under any supplemental retirement plan prior to the Change in Control, the Executive shall be entitled to continued benefits under such plan after the Change in Control and such plan may not be modified to reduce or eliminate such benefits during the Contract Period.

  • Equity Plan In the event the Company adopts an equity incentive plan or program (the "Equity Plan") for its key executives, the Executive shall be entitled to participate in the Equity Plan from and after the effective date thereof in accordance with the terms and conditions of such plan.

  • Compensation Program Amendments Each of the Company’s compensation, bonus, incentive and other benefit plans, arrangements and agreements (including golden parachute, severance and employment agreements) (collectively, “Benefit Plans”) with respect to you is hereby amended to the extent necessary to give effect to provisions (1) and (2). For reference, certain affected Benefit Plans are set forth in Appendix A to this letter. In addition, the Company is required to review its Benefit Plans to ensure that they do not encourage senior executive officers to take unnecessary and excessive risks that threaten the value of the Company. To the extent any such review requires revisions to any Benefit Plan with respect to you, you and the Company agree to negotiate such changes promptly and in good faith.

  • Compensation Plans Following any termination of the Executive's employment, the Company shall pay the Executive all unpaid amounts, if any, to which the Executive is entitled as of the Date of Termination under any compensation plan or program of the Company, at the time such payments are due.

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